In times of an economic downturn, businesses face numerous challenges and uncertainties that can significantly impact their ability to engage in successful deals and transactions. Deal activity often declines as businesses become more risk-averse and conservative in their investment decisions. But even in a downturn, a bright spark or a partnership emerges, setting an example for the entire landscape to follow suit. In this uncertain period, one deal, in particular, which stands out is that struck by Sirius Technologies, a Singapore-based enterprise architecture tech startup.
The region’s start-up scene shows strength in weathering the sector’s global slowdown, with fintechs emerging as top performers. Financing the future remains crucial and Asia's regional capital markets are demonstrating how to move forward.
Finfra, the one-stop shop for companies launching white-labelled lending products in Indonesia, has announced it raised $1 million in funding. The funding round was a collaborative effort by DSX Ventures and Seedstars International Ventures, regional fintech experts Cento Ventures and Fintech Nation, Baltic-based startup support incubators FirstPick and BADideas Fund, and